Lindsay Hatcher - Petrus Resources Vice Development

PRQ Stock  CAD 1.39  0.03  2.11%   

Executive

Lindsay Hatcher is Vice Development of Petrus Resources
Address 2400, 240 ? 4th Avenue S.W., Calgary, AB, Canada, T2P 4H4
Phone403 984 9014
Webhttps://www.petrusresources.com

Petrus Resources Management Efficiency

The company has return on total asset (ROA) of 0.0467 % which means that it generated a profit of $0.0467 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.144 %, meaning that it generated $0.144 on every $100 dollars invested by stockholders. Petrus Resources' management efficiency ratios could be used to measure how well Petrus Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of November 2024, Return On Tangible Assets is likely to grow to 0.12. Also, Return On Capital Employed is likely to grow to 0.20. At this time, Petrus Resources' Return On Assets are very stable compared to the past year. As of the 27th of November 2024, Asset Turnover is likely to grow to 0.41, while Net Tangible Assets are likely to drop about 145 M.
Petrus Resources has accumulated 49.75 M in total debt with debt to equity ratio (D/E) of 89.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Petrus Resources has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Petrus Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Petrus Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Petrus Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Petrus to invest in growth at high rates of return. When we think about Petrus Resources' use of debt, we should always consider it together with cash and equity.

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Petrus Resources Ltd., an energy company, engages in the acquisition, exploration, development, and exploitation of oil and gas development assets in western Canada. It also has an average of 61 percent working interest in the ThorsbyPembina area covering 24,929 net acres of undeveloped land and 47,862 net acres of developed land located in southwest of Edmonton, Alberta and an average of 52 percent working interest in the Foothills area that consists of 35,448 net acres of undeveloped land and 7,647 net acres of developed land located northwest of Rocky Mountain House, Alberta. PETRUS RESOURCES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 22 people. Petrus Resources (PRQ) is traded on Toronto Exchange in Canada and employs 17 people. Petrus Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Petrus Resources Leadership Team

Elected by the shareholders, the Petrus Resources' board of directors comprises two types of representatives: Petrus Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Petrus. The board's role is to monitor Petrus Resources' management team and ensure that shareholders' interests are well served. Petrus Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Petrus Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
BA BA, VP Land
Ken PEng, CEO President
Matt Skanderup, Chief Officer
P PEng, VP Engineering
Lindsay Hatcher, Vice Development
CFA CPA, Chief Officer

Petrus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Petrus Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Other Information on Investing in Petrus Stock

Petrus Resources financial ratios help investors to determine whether Petrus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Petrus with respect to the benefits of owning Petrus Resources security.